An Interview with Susan Friedman, Head of Policy at Ripple, about the digital Pound
In the third of our member video series, we talk with Susan Friedman of Ripple about the potential benefits of a digital Pound, what frameworks might need to be put into place for CBDCs not only in the UK but globally, and why Ripple chose to become a member of the Digital Pound Foundation. Are […]
Single Currency Package: new proposals to support the use of cash and to propose a framework for a digital euro
Source: European Commission The European Commission has today put forward two proposals to ensure that citizens and businesses can continue to access and pay with euro banknotes and coins across the euro area, and to set out a framework for a possible new digital form of the euro that the European Central Bank may issue […]
Policy drivers for a retail CBDC
Source: Digital Bytes | Written by Jannah Patchay Executive Director and Policy Lead at the Digital Pound Foundation (DPF) Central bank digital currencies (CBDCs) – a digital form of central bank-issued fiat currency – have seen an explosive growth in interest over the past four years. At the start of 2023, 114 countries, representing 95% of […]
Fireblocks joins Digital Pound Foundation’s membership community
We are very pleased to announce the addition of Fireblocks to the Digital Pound Foundation’s membership community. Fireblocks joins the Foundation as a corporate member and will also take part in the Policy, Legal and Regulatory Working Group. Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, is […]
Quant launches Overledger Platform
Source: Quant Today, we unveiled Overledger Platform, making the same enterprise-grade technology that has underpinned our projects with institutional and central bank customers to-date, accessible to large enterprises, SMEs and developers for the first time. We are proud to unveil Overledger Platform: the infrastructure used in Project Rosalind – the Bank of England and Bank for International Settlements’ […]
SNB to launch digital currency pilot
Source: Reuters The Swiss National Bank (SNB) is to issue a wholesale central bank digital currency (CBDC) on Switzerland’s SIX digital exchange as part of a pilot, the central bank’s chairman said at a conference in Zurich on Monday. “This is not just an experiment, it will be real money equivalent to bank reserves and […]
Demystifying the Digital Pound
The potential of a digital pound has garnered a lot of attention within UK payments, with much research, consultations, whitepapers and thought pieces being developed. However, with so much available it can be difficult to get to the core of the conversation and what it all means. What are the key opportunities presented by a […]
Italian banks launch CBDC pilot project
Source: Finextra The Bank of Italy has launched a pilot to assess the viability of a central bank digital currency (CBDC). The pilot, called Project Leonidas, also involves a 18 Italian commercial banks and the Associazione Bancaria Italiana (ABI). The stated objective of the pilot is to “explore blockchain applications that promote financial stability and […]
Digital Pound Should Be Interoperable with Crypto, U.K. Lobbyists Say
Source: Coindesk Lobby groups and crypto companies in the U.K. are generally welcoming of the government’s plans for a digital pound, but some of them believe the currency should be interoperable with crypto in order to be suitable for the future. The U.K. opened its plans for a digital pound for public comment in February, just as […]
Amazon Collaborating in Pilot Program for New CBDC Proposed by IMF and Central Banks
Source: The Daily Hodl The Monetary Authority of Singapore (MAS) has published a whitepaper that proposes conditions for the use of central bank digital currencies (CBDCs), tokenized bank deposits and stablecoins. The whitepaper was produced in collaboration with the International Monetary Fund (IMF), Banca d’Italia, and the Bank of Korea, and is currently paired with […]
